Sage Accounting Software – Benefits & Features (A Quick Review)

Sage accounting software has been around for over four decades. Strikingly, the brand’s core focus remains on serving the accounting needs of small and medium-sized businesses (SMBs).

But we all know that no two businesses are the same in size, scale, or industry.  Notably, Sage offers a diverse range of accounting solutions tailored to specific purposes and needs. The good thing is that the products continue to evolve with the shifting technological landscape.

In this article, we’ll explore some popular accounting software offered by Sage.  Additionally, we have outlined some important features and benefits of these modules for your reference.

So, whether you handle accounting in-house or prefer to outsource it, you will already be in the know about what you’re getting into…

Sage Accounting Systems: An Overview

The scope of Sage software is versatile.  Available as online, offline, and hybrid options, different modules are meant to fulfill the unique needs of the different user segments.

Below are some popular Sage modules with their key features:

• Sage 50: The solution combines the benefits of desktop accounting with cloud capabilities. Its hybrid nature provides enhanced flexibility. Sage 50 is ideal for small businesses looking to simplify complex accounting processes, therefore.
• Sage Intacct: Not limited to accounting, this cloud-based software packs in ERP capabilities as well. Importantly, it caters to a wide range of business entities, from startups to mid-sized enterprises, spanning a broader spectrum.
• Sage 100: Going beyond basic accounting, Sage 100 offers a comprehensive business management solution, making it suitable for larger setups.
• AutoEntry by Sage: Built for bookkeepers, accountants, and SMEs, AutoEntry simplifies the capture, categorization, and publishing of financial documents directly into accounting software. It seamlessly integrates with Sage, Xero, or QuickBooks.
• Sage Timeslips: It’s a time-tracking software that enables accountants, attorneys, and consultants to accurately capture billable hours and produce professional, timely invoices for clients.

Cloud-based Sage Accounting Software

Successful business operations are characterized by productivity, efficiency, and minimal friction.

Naturally, you would look for a solution that allows for manual bookkeeping and accounting to be replaced by automation, saving valuable business hours. Besides, real-time tracking, remote accessibility, and compliance also hold significant importance.

However, technology has a learning curve and can also be expensive sometimes. Therefore, accounting software that is user-friendly, feature-rich, secure, and budget-friendly can be an ideal pick.

Sage Accounting in the cloud allows small businesses and sole traders to create and manage invoices with minimal effort. It also helps you to maintain a steady cash flow by enabling close monitoring of payments and receivables.

Furthermore, automated bank reconciliation ensures your records are always accurate.

You can directly input data into the system by simply taking photos of documents like bills and receipts, saving time and effort. Plus, your clients will not have to wait as sending estimates and quotes becomes almost instant.

With its intuitive features, the software empowers you to estimate cash flows and make informed decisions. Security and backup are two major attractions for business and accountants alike.

Note that ‘Intacct’ and ‘Sage 50’ are also cloud-native.

Some Key Benefits of Sage 50 and Sage 100

Let’s explore some key benefits offered by the these two products:

a) Sage 50

This accounting module from Sage comprises a comprehensive suite of tools to streamline your small business finances. From hassle-free invoicing and efficient payments and banking to keeping track of your expenses and job costing, it helps simplify your company’s financial operations.

Furthermore, Sage 50’s advanced features enable you to manage your inventory more effectively, which can help save money and improve customer service. Additionally, robust reporting and audit tracking can provide meaningful data insights for review and future planning.

As your financial sub-processes are now more synchronized, you get a holistic view of your company’s finances.

Importantly, you can also seamlessly integrate Sage 50 with Payroll. This allows you to expand its scope and take advantage of the add-on service.

b) Sage 100

A feature-rich ERP solution for small and medium-sized businesses (SMBs)! Intuitive, quick, and easy to deploy, Sage 100 provides you with complete visibility and control over financial and payroll operations. Additionally, it can also synergize with your warehouse and manufacturing functions.

Furthermore, you enjoy a paperless and customized office as the software integrates effortlessly with other office and business applications.

Sage 100 comes with an easy format reporting feature. Effortlessly organize, modify and run reports to draw meaningful insights.

Then there are party add-ons to take your SMB ERP management to the next level. So, you can make the most of alerts and workflows, data and analytics, enterprise intelligence, and netstock predictive planning.

You get so many features but at cost-effective pricing!

Leverage Sage’s Accounting Prowess with Centelli

If you’re a business, CPA/accounting firm looking to outsource your accounting tasks, we understand your concerns about service quality and costs.  You might also have apprehensions about the software expertise of the team handling your accounting workflows.

Different versions of Sage’s accounting-focused software offer unique capabilities and features, with costs varying based on the modules provided. In general, Sage positions itself as an affordable option.

Absolutely!

A thorough grasp of the features and functionalities is imperative. Because even with a top-notch accounting system, delivering desirable outcomes would be challenging without ample understanding.

However, this won’t be the case when you partner with us.

As professional accounting outsourcing services, we adhere to specific benchmarks. Plus, we have a diverse team of experts, all equipped with experience in marketing-leading software and tools.

Sage’s industry-specific product versions allow users to choose what’s suitable for their business accounting. The offer solutions for Construction, Financial Services, Healthcare, Hospitality, Manufacturing, Nonprofits, Retail, and SaaS sectors.

Hence, we’re able to deliver the best outcomes meeting our client’s expectations. We encourage you to leave your worries at bay – our accountants and bookkeepers are extensively trained to manage your processes powered by Sage software accounting.

Sage is an important part of our accounting services tech stack at Centelli. Explore our accounting services portfolio here. We cater to business of all sizes across sectors and are actively serving the UK, Europe, and the United States, with worldwide delivery capability.

Conclusion

The Sage brand is globally recognized and offers an enabling solution for SMBs and organizations seeking a hassle-free, cost-effective accounting solution. It also trusted by many CPAs, accounting firms, and outsourced accounting services.

Is Sage your preferred accounting software?

Interested to know how we can help you unlock Sage benefits to the fullest? Not to mention, loads of time and money you can save when you hire us!  Contact us now to get your free consultation!